Occidental Petroleum Corporation with ticker code (OXY) have now 22 confirmed analysts covering the stock with the consensus suggesting a rating of ‘hold’. The range between the high target price and low target price is between $85.00 and $63.00 calculating the average target price we see $71.50. Now with the previous closing price of $57.61 this would imply there is now a potential upside of 24.1%. Also worth taking note is the 50 day moving average now sits at $60.45 and the 200 moving average now moves to $61.20. The market cap for the company is 52.58B. Currently the stock stands at: $57.39 USD
The potential market cap would be $65,257,922,802 based on the market consensus.
The company has a dividend yield of 0.89%. Other points of data to note are a P/E ratio of 14.87, revenue per share of $30.61 and a 4.54% return on assets.
Occidental Petroleum Corporation is an international energy company with assets primarily in the United States, the Middle East and North Africa. The Company operates through three segments: oil and gas, chemical and midstream and marketing. The oil and gas segment explores for, develops and produces oil, which includes condensate, natural gas liquids (NGL) and natural gas. The chemical segment primarily manufactures and markets basic chemicals and vinyl’s. The midstream and marketing segment purchases, markets, gathers, processes, transports, and stores oil, NGL, natural gas, carbon dioxide (CO2) and power. Midstream and marketing segment also includes Occidental’s low-carbon venture businesses (OLCV). OLCV develops carbon capture, utilization and storage (CCUS) projects, including the commercialization of DAC technology, and invests in other low-carbon technologies intended to reduce GHG emissions from its operations and partners with other industries to help reduce their emissions.
